In One Chart: ‘Bringing bad things to life,’ GE shares drop to levels not seen since 2009 [MarketWatch]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: MarketWatch
‘Bringing bad things to life,’ GE shares drop to levels not seen since 2009 General Electric shares were off by more than 2% Wednesday, dropping below $12 a share for the first time since the summer of 2009, as investors apparently remain unconvinced that the company’s turnaround plan will stem the bleeding. At last check, GE’s GE, -1.03% market cap was down to about $107 billion, a massive pullback from the $600-plus billion level it reached during the height of the dot-com bubble, when it was one of the world’s most valuable companies. Earlier this year, the negativity surrounding the stock reached a fever pitch when, at an industry conference, CEO John Flannery talked about the future. The shares would close that session with one of their biggest one-day losses ever . It happened again last month when the stock came under pressure following Flannery’s comments during a post-earnings conference call . Tim Knight, the technical analyst behind the Slope of Hope blog , took a look a
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GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- GE's page on the SEC website